Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bitget+0.026%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1141.138% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.026%, 7d avg +0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.028% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TEMUSDT | 77.850 | 0 | get 0.0000% / 8h | 5h 39m | $195K | $813K | 20x |
| Short | Phemex TEMUSDT | 77.870 | 0 | get 0.0000% / 8h | 5h 39m | $809K | $85K | 20x |
Bitget TEMUSDT
Phemex TEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.026% → +0.054%
- −$2.83
- Slippage, 4 orders
- −$89.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$116.63
- Costs to cover
- 1.138%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 61 min ago; Phemex: live order book, 23 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 61 min ago | 9.64 bp | 16.4 bp −$16 | 19.0 bp −$190 | 118.1 bp −$11.8K | doesn't fit |
| Sell Phemex live order book, 23 min ago | 6.41 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
TEM on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective TEM/USDC PERP | −0.0220% | 1h | 77.130 | −0.925% | $8K | $28K | 12x | as long as short |
| Binance TEMUSDT | 0.0000% | 8h | 77.870 | +0.026% | $385K | $1.1M | 20x | as long as short |
| Bybit TEMUSDT | 0.0000% | 8h | 77.850 | 0.000% | $251K | $240K | 25x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.830 | −0.026% | $60K | $8K | 20x | as long as short |
| Bitget TEMUSDTlong | 0.0000% | 8h | 77.850 | long leg | $195K | $813K | 20x | |
| HTX TEM-USDT | 0.0000% | 8h | 77.910 | +0.077% | $6K | $384K | 20x | as long as short |
| Phemex TEMUSDTshort | 0.0000% | 8h | 77.870 | +0.026% | $809K | $85K | 20x | |
| QFEX TEM-USD | 0.0000% | 1h | 77.820 | −0.039% | $1.1M | $1.4M | 10x | as long as short |
| OKX TEM-USDT-SWAP | +0.0807% | 8h | 78.112 | +0.337% | $60K | $361K | 20x | as long as short |
Injective TEM/USDC PERP
Binance TEMUSDT
Bybit TEMUSDT
Gate TEM_USDT
HTX TEM-USDT
QFEX TEM-USD
OKX TEM-USDT-SWAP